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Tim Minchin and Rose Byrne projects among funding recipients
mumbrella.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mumbrella.com.au Daily Mail and Mail on Sunday newspapers.
Popping the EV bubble, for profit
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Former Nikola CEO Trevor Milton charged with fraud in US
Federal prosecutors in New York have said the Nikola founder and CEO brazenly lied to investors about the the company s green vehicles to inflate market value and drive up his earnings. The SEC has also filed charges.
Nikola argues that the charges only affect its former CEO and founder Trevor Milton, though its stock took a pounding on Thursday too
US Federal Attorneys on Thursday announced that they had charged billionaire entrepreneur Trevor Milton with three counts of securities and wire fraud, each of which carries a maximum sentence of 20-25 years in prison.
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